China's Yuan Surpasses Euro as 2nd Most-Used Currency in Trade Finance: SWIFT
IS THIS GOOD NEWS FOR ANYONE?
NOT REALLY.
BOTTOM-LINE:
BETWEEN THE USA'S QUANTITATIVE EASING; THE EURO'S ON-GOING DEBT DEBACLE, AND CHINA'S POTEMKIN ECONOMY... WELL, IT ALL REALLY MEANS THAT THERE IS NO GLOBAL CURRENCY WORTH ANYTHING ANYMORE.
WE'RE ALL BITCOIN NOW.
No comments:
Post a Comment